External & internal factors of an healthcare organization | HCS325 Health Care Management | University of Phoenix
1. Financial resources – The amount of money the organization has available to invest in operations, personnel, and new initiatives can have a major impact on its ability to achieve its goals.
2. Leadership style – How leadership approaches their role within the organization can help determine how employees are motivated and the type of culture that is cultivated.
3. Organizational structure – This refers to the way an organization’s various departments and functions interact with each other, which can affect its overall efficiency.
4. Technology – Staying up-to-date with advancements in technology and investing in innovative solutions is crucial for staying competitive in today’s market.
5. Workforce diversity – Having a diverse team brings different perspectives that can lead to more creative solutions and better decision making.
6. Economic conditions – Changes such as inflation or recession can make it difficult for organizations to stay afloat if they don’t adapt accordingly.
7. Political environment – If a government enacts policies that could hurt the business sector, companies must be able to adjust quickly or risk being left behind.
8. Social media presence – Having an active social media presence allows organizations to reach a wider audience while also having direct communication with customers about their experiences with their products/services
9. Regulatory compliance – Organizations need to adhere to any relevant regulations regarding their industry or risk facing legal penalties
10 .Local community support– Gaining positive public opinion from local communities is essential for growing businesses as it helps build trust among potential customers